NET ELEMENT, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Merger

Tuesday, 11. August 2020 19:01

WILMINGTON, Del., Aug. 11, 2020 (GLOBE NEWSWIRE) --

Rigrodsky & Long, P.A. announces that it is investigating Net Element, Inc. (“Net Element”) (NASDAQ CM: NETE) regarding possible breaches of fiduciary duties and other violations of law related to Net Element’s agreement to merge with Mullen Technologies, Inc (“Mullen”).  Under the terms of the agreement, following the merger, Net Element shareholders will own approximately 15% of the combined company and Mullen shareholders will own approximately 85% of the combined company.

To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-net-element-inc.  

If you would like to discuss this investigation and your rights cost and obligation free, please contact Seth D. Rigrodsky or Gina M. Serra toll free at (888) 969-4242 or by e-mail at info@rl-legal.com

Rigrodsky & Long, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

Attorney advertising.  Prior results do not guarantee a similar outcome.

CONTACT:                                                                                             
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242 (Toll Free)
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
https://rl-legal.com


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